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Sprouts Farmers (SFM) Just Overtook the 20-Day Moving Average
SFMSprouts Farmers Market(SFM) ZACKS·2024-08-26 14:36

From a technical perspective, Sprouts Farmers (SFM) is looking like an interesting pick, as it just reached a key level of support. SFM recently overtook the 20-day moving average, and this suggests a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages. Li ...